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Enzo Fusco, President of Veneto-based company FGF Industry, has acquired a 50 per cent stake in clothing brand, Blauer USA.

The newly formed company, BWF Srl – Blauer Fashion World – aims to double Blauer USA revenue by 2020, and increase exports – which accounted for a 35 per cent share in 2016, forecast to rise to 38 per cent in 2017 – to as much as 50 per cent turnover in 2018-19.

The company’s focus will primarily be on business in Europe, in countries such as Germany, Spain, The Netherlands, Belgium, France and Scandinavia, followed by the United Kingdom, Japan and Korea.

Fusco’s plans also include the opening of single-brand stores in cities around the world, such as New York, London and Tokyo.

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