| Mission Statement: |
- To deliver the highest quality consumer products in America focused on infant bedding, blankets, bibs and accessories
- To provide a stable and rewarding work environment for all employees
- To continue to grow internally by giving our customers the products and the prices they need to profit from their relationship with us
- To grow by carefully studying potential acquisition candidates, and by acquiring only those rare companies that will meet all of the discriminating requirements of our business plan
- To service and retire our debt responsibly and on schedule
- To return excellent shareholder value
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| Company Overview: |
Crown Crafts, Inc., founded in 1957, operates indirectly through its wholly owned subsidiaries in the infant and toddler products segment within the consumer products industry. Infant and toddler products consists of infant and toddler bedding, bibs, infant soft goods and accessories. Sales are generally made directly to retailers, primarily through mass merchants, large chain stores, juvenile specialty stores, Internet accounts, wholesale clubs and catalogue and direct mail houses. These products are manufactured in China and marketed under a variety of Company-owned trademarks, under trademarks licensed from others, as private label goods.
In response to changing business conditions in the consumer products industry, the Company made significant changes in its business operations. In addition to a program of cost reductions and rationalization, the Company outsourced virtually all of its manufacturing to domestic and foreign contract manufacturers.
Products
The Company's primary focus is on infant, toddler and juvenile products. Infant products include crib bedding, nursery accessories, room decor, diaper stackers, mobiles, bibs, receiving blankets, burp cloths, bathing accessories and other infant soft goods and accessories.
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