Fuchsia (/ˈfjuːʃə/, few-shə) is a vivid purplish red color, named after the flower of the fuchsia plant, which took its name from the 16th century German botanist Leonhart Fuchs.
The color fuchsia was first introduced as the colour of a new aniline dye called fuchsine, patented in 1859 by the French chemist Francois-Emmanuel Verguin. The dye was named that same year as magenta, to celebrate a victory of the French army at the Battle of Magenta on June 4, 1859, near the Italian city of that name.
Thus, both fuchsia & magenta are essentially the same colour.