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Fashion boss tangled in divorce court fight

Split:
Ferragamo
and Giusti PICTURE: OLYCOM SPA/REX/SHUTTERSTOCK

AN ITALIAN luxury goods company boss and his wife attended a hearing in London yesterday as part of their divorce fight.

Ferruccio Ferragamo, 72, and Ilaria Giusti, 53, are arguing over which country the battle over his fortune should be heard in.

Mr Farragamo, chairman of Florence-based shoe specialist Salvatore Ferragamo, wants the arguments to be staged in their native Italy. But Ms Giusti favours Britain.

A judge based in the family division of the High Court in London last year ruled that legal proceedings in England should be halted pending rulings in Italy. But Ms Giusti’s lawyers want the Court of Appeal to overturn that decision.

Mr Justice Francis previously said the couple’s marriage had broken down after about eight years.

He said they had ‘enjoyed a very high standard of living’ and that Mr Ferragamo had ‘significant resources’ as a result of a ‘fashion empire’ created by his father Salvatore.

Appeal judges Lord Justice Moylan and Lord Justice Baker said they would deliver a ruling in the near future, after a three-hour hearing yesterday.