I'd have thought no for a few reasons. First, the label usually belongs to the company, for Fuga mainly AVeM. All the labels on Fuga pieces I've seen, mainly photographs have been AVeM. Secondly, the pieces I've seen with an AF have been more tourist glass than anything Anzola Fuga did. Third, this strikes me as 1980's label, or, at the earliest, a 1970's label, well after Fuga stopped designing (no more of his designs were produced after he stopped designing for AVeM).
It's an interesting theory, but...
David