Famed Italian hatmaker Borsalino, the company behind Humphrey Bogart's fedora in Casablanca and Harrison Ford's lucky headgear in the Indiana Jones movies, was declared bankrupt on Monday (Dec 18), a trade union said.

A court in Alessandria in northern Italy threw out a rescue plan for the legendary company and put it into administration, Mr Elio Bricola from the UIL labour union said.

He added that while "it is likely industrial activity will continue" for now, "employees are angry and worried about their future".