CROWN CRAFTS INC
NT 10-K, 1998-06-30
BROADWOVEN FABRIC MILLS, COTTON
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                                   FORM 12B-25

  [As last amended in Release No. 34-35113, December 19, 1994, 59 F.R. 67752.]

                     U.S. SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                   FORM 12B-25

                           NOTIFICATION OF LATE FILING

                                  (Check One):

<TABLE>
<S>                     <C>                     <C>                      <C>                     <C>
[X] Form 10-K           [ ] Form 20-F           [ ] Form 11-K            [ ] Form 10-Q           [ ] Form N-SAR
</TABLE>

                  For Period Ended:   March 29, 1998
                                      --------------

                  [ ] Transition Report on Form 10-K 
                  [ ] Transition Report on Form 20-F 
                  [ ] Transition Report on Form 11-K 
                  [ ] Transition Report on Form 10-Q 
                  [ ] Transition Report on Form N-SAR

                  For the Transition Period Ended:
                                                  --------------

- --------------------------------------------------------------------------------
 
                 Read attached Instruction Sheet Before Preparing Form. Please
                 Print or Type.

                 Nothing in this form shall be construed to imply that the
                 Commission has verified any information contained herein.

- --------------------------------------------------------------------------------

         If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:

- --------------------------------------------------------------------------------

PART I ---- REGISTRANT INFORMATION

- --------------------------------------------------------------------------------
<TABLE>
         <S>                                         <C>                                <C>
         Full Name of Registrant                     Crown Crafts, Inc.                 Commission File No. 1-7604
         Former Name if Applicable                   N/A

         Address of Principle Executive Office       1600 Riveredge Parkway
                                                     Suite 200
                                                     Atlanta, GA 30328
</TABLE>

- --------------------------------------------------------------------------------

PART II ---- RULES 12B-25 (B) AND (C)

- --------------------------------------------------------------------------------

If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuit to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)

[X] (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;

[X] (b) The subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or
before the fifteenth calendar day following the prescribed due date; or the
subject quarterly report or transition report on Form 10-Q, or portion thereof
will be filed on or before the fifth calendar day following the prescribed due
date; and


<PAGE>   2



[ ] (c) The Accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.

- --------------------------------------------------------------------------------

PART III ---- NARRATIVE

- --------------------------------------------------------------------------------

State below in reasonable detail the reasons why the Form 10-K, 20-F, 11-K,
10-Q, N-SAR or the transition report or portion thereof could not be filed
within the prescribed time period.

         The Form 10-K cannot be filed within the prescribed time period because
certain information is subject to confidentiality agreements with third parties
and the scope of proposed disclosure is being negotiated.

- --------------------------------------------------------------------------------

PART IV ---- OTHER INFORMATION

- --------------------------------------------------------------------------------

         (1)   Name and telephone number of person to contact in regard to this 
               notification

                            Paul Urbanowicz          (770) 644-6278

         (2)  Have all other periodic reports required under section 13 or 15(d)
              of the Securities Exchange Act of 1934 or section 30 of the
              Investment Company Act of 1940 during the preceding 12 months or
              for such shorter period that the registrant was required to file
              such report(s) been filed? If the answer is no, identify
              report(s).

                                                            [X]  Yes      [ ] No

         (3)  Is it anticipated that any significant change in results of
              operations from the corresponding period for the last fiscal year
              will be reflected by the earnings statements to be included in the
              subject report or portion thereof?

                                                            [ ] Yes       [X] No

         If so: attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons why a
reasonable estimate of the results cannot be made.

Crown Crafts, Inc.
has caused this notification to be signed on its behalf by the undersigned 
thereunto duly authorized.

Date:  June 29, 1998       By:  /s/ Robert E. Schnelle
       -------------            ----------------------





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