<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>2
<FILENAME>ex23-1.txt
<DESCRIPTION>EXHIBIT 23.1
<TEXT>

<PAGE>   1
                                                            EXHIBIT 23.1


                       CONSENT OF INDEPENDENT ACCOUNTANTS

               We consent to the incorporation by reference in the Registration
Statement on Form S-8 (No. 333-74269) of Gymboree 401(k) Plan of our report
dated June 9, 2000, with respect to the financial statements of the Gymboree
401(k) Plan included in this Annual Report on Form 11-K.


                                By /s/        MOHLER, NIXON & WILLIAMS
                                   ---------------------------------------------
                                              MOHLER, NIXON & WILLIAMS
                                              Accountancy Corporation

Campbell, California
June 26, 2000
</TEXT>
</DOCUMENT>