Michael and Jay Chernow founded Monocraft Products in 1929. The company manufactured monogram plates for handbags and other leather goods. In 1937, the business began producing costume jewelry under the name Monet. Monet is known for designing the barrel clutch for pierced earrings and the adjustable ear clip that fit the ear more comfortably. The company was sold to General Mills in 1968, then to Crystal Brands Jewelry Group, then to Chase Capital, and then to Liz Claiborne in 2000. The Monet marks are “MONET” in block capitals and, after 1955, “MONET” with the copyright mark.