Monet is a major, high-quality costume jewelry manufacturer. It was founded as the Monocraft Products Company in 1927 by Jay and Michael Chernow as a monogram manufacturer and began producing jewelry under the name Monet in 1929. The mark "Monet" was begun in September, 1937. Monet produced Yves Saint Laurent jewelry in the 1980's. Monet developed the very comfortable "friction ear clip" for non-pierced earrings and the "barrel clutch" for pierced earrings. This company has been sold many times (its owners have included General Mills and Crystal Brands Jewelry) and is now called the Monet Group, Inc.; it is still located in East Providence, Rhode Island. The Monet Group now distributes jewelry under the names Monet, Trifari, Ciani, and Marvella.