Crown Crafts, Inc., founded in 1957, operates in the infant and toddler products segment of the consumer products industry through its wholly owned subsidiaries – Crown Crafts Infant Products, Inc., which designs, markets and distributes infant and toddler products including bedding, blankets and other nursery accessories; and Hamco, Inc., which designs, markets and distributes bibs, bath items and other accessories. Sales are generally made directly to retailers such as mass merchants, large chain stores, juvenile specialty stores, Internet retailers, wholesale clubs, grocery and drug stores, and catalog retailers.
The Company’s operating subsidiaries market a variety of products under Company-owned trademarks as well as licensed collections and exclusive private label programs for certain of its customers. These products include crib and toddler bedding and blankets; nursery and bath accessories; reusable and disposable bibs and floor mats; burp cloths; room décor; disposable placemats; toilet seat covers; and changing mats.
“Crown Crafts is ideally positioned, both operationally and financially, to pursue the tremendous opportunities we see for global growth in our markets. We have taken aggressive actions to strengthen our business, and we have a very strong balance sheet. Our Board and management team are keenly focused on delivering sustained shareholder value creation.”
— E. Randall Chestnut, Chairman, President and Chief Executive Officer