Cerruti 1881, also known as Cerruti, is a French luxury fashion house founded in 1967 in Paris by the Italian stylist and fashion producer Nino Cerruti. It was named "1881" because Nino's grandfather established the family woolen mill, Fratelli Cerruti Wool Mill, in Italy in 1881.

In 1967, Nino Cerruti founded the Cerruti fashion house, with headquarters at 3 Place de la Madeleine in Paris, and opened his first shop at 27 rue Royale in Paris. The headquarters of the company is still located on rue Royale.

In August 2006, the company was acquired by American firm MatlinPatterson Global Advisors. In December 2010, the company was bought by Chinese clothing retailer Trinity Limited.

History

In 1881, the grandfather of Nino Cerruti founded the textile mill Lanificio Fratelli Cerruti. Located in Biella (Piemonte, Italy), the water in the region is put to use to wash and treat the wool, which is imported principally from Australia and South Africa, so as to develop flannel, tweeds, cashmere, and butter muslin. Nino Cerruti took over the family business after his father's death in 1950. Cerruti fabrics are still produced in the same workshops.

The Cerruti label was launched in 1967 with a menswear collection. In 1976, the line 'Cerruti Woman' was created. Before creating his own brand in 1974, Giorgio Armani had worked in Paris under Cerruti.

In 1978, the house launched its first fragrance with Nino Cerruti pour Homme. This was followed by numerous other fragrances for both men and women, such as Fair Play in 1985, Cerruti 1881 pour Homme in 1990, Cerruti Image in 1998 and l'Essence de Cerruti in 2008.

During the 1980s, Cerruti began producing clothes for films. See Cinema and Cerruti for details.

In 1994, Cerruti was the official designer of the famous Scuderia Ferrari.^{[citation needed]}

In October 2000, Nino Cerruti sold his brand to Italian investors and got back to the family business of his grandfather, Lanificio Fratelli Cerruti, dal 1881.^{[citation needed]} His departure came after the full takeover of the company by Fin.part.

In autumn 2001, Fin.Part installed Roberto Menichetti, who previously was responsible for the creative revival of Burberry, as a creative director. Menichetti left the house of fashion after only one season and was replaced by Istvan Francer, a former DKNY designer. Francer stayed on for two seasons. In spring 2003, David Cardona, who had worked for Richard Tyler and Chrome Hearts, replaced Istvan Francer as a creative director at Cerruti. Scotsman Adrian Smith was appointed head of the menswear collections. By 2004, Fin.part was in a deep financial crisis and declared bankruptcy in 2005. In the same year, the Cerruti brand survived unsuccessful takeover attempt by another Italian menswear manufacturer - Manifattura Paolini.

In August 2006, Cerruti was finally sold to American private equity firm MatlinPatterson. MatlinPatterson intended to revitalize the Cerruti brand by taking on Nicolas Andreas Taralis, a former designer with Dior, who also owned his signature fashion label Homme. He was appointed creative director in the summer of the same year.

In October 2007, Taralis was replaced by Belgian Jean Paul Knott, a former Krizia, Yves Saint Laurent, and Louis Féraud designer who also owned an eponymous fashion label. Knott had originally been hired by Taralis to oversee the label's diffusion line Cerruti 1881 in March 2007.

Source: Wikipedia

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