Cerruti is a fashion house founded in 1967 in Paris by the Italian stylist and fashion designer Nino Cerruti. Cerruti designs, manufactures, distributes, and retails luxury ready-to-wear, jeans, fragrances, sportswear, leather goods, watches, and accessories. The brand markets these products under two different labels Cerruti 1881 and 18CRR81 Cerruti. In 1967 the Cerruti label was officially launched with the opening of the flagship store and headquarters, at 3 Place de la Madeleine in Paris, France. The company was the property of the American firm Matlin Patterson Global Advisors from August 2006 until 2010. Since December 2010 the company is the property of Chinese Trinity Ltd (Li & Fung Group).