-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 DsYUkU2Lwr3cm/i248HoNUbT46FBQVjbKDo4CqRMakA7KyQI19zJyUBh6MAwHGQu
 zQ6I9bN30pnzSDu6DddxoQ==

<SEC-DOCUMENT>0001225208-09-001349.txt : 20090113
<SEC-HEADER>0001225208-09-001349.hdr.sgml : 20090113
<ACCEPTANCE-DATETIME>20090113115612
ACCESSION NUMBER:		0001225208-09-001349
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20090112
FILED AS OF DATE:		20090113
DATE AS OF CHANGE:		20090113

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GYMBOREE CORP
		CENTRAL INDEX KEY:			0000786110
		STANDARD INDUSTRIAL CLASSIFICATION:	APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300]
		IRS NUMBER:				942615258
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0203

	BUSINESS ADDRESS:	
		STREET 1:		500 HOWARD STREET
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94105
		BUSINESS PHONE:		415-278-7000

	MAIL ADDRESS:	
		STREET 1:		500 HOWARD STREET
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94105

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LAMBERT BLAIR W
		CENTRAL INDEX KEY:			0001248223

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-21250
		FILM NUMBER:		09523220

	BUSINESS ADDRESS:	
		STREET 1:		GYMBOREE
		STREET 2:		700 AIRPORT BLVD STE 200
		CITY:			BURLINGAME
		STATE:			CA
		ZIP:			94010
		BUSINESS PHONE:		(415) 278-7000

	MAIL ADDRESS:	
		STREET 1:		C/O THE GYMBOREE CORPORATION
		STREET 2:		500 HOWARD STREET
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94105
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-01-12</periodOfReport>

    <issuer>
        <issuerCik>0000786110</issuerCik>
        <issuerName>GYMBOREE CORP</issuerName>
        <issuerTradingSymbol>GYMB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001248223</rptOwnerCik>
            <rptOwnerName>LAMBERT BLAIR W</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O THE GYMBOREE CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>500 HOWARD STREET</rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94105</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <officerTitle>Chief OP Officer &amp; CFO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-01-12</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>557</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>25.68</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>175593</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>983.611</value>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By 401(k) Plan</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Lambert on December 11, 2006 for the purpose of selling shares as necessary to satisfy applicable tax withholding obligations upon the vesting of restricted stock. Vesting occurred on January 10, 2009.</footnote>
        <footnote id="F2">Includes shares acquired under The Gymboree Corporation 1993 Amended and Restated Employee Stock Purchase Plan since the reporting person's previous Statement of Changes in Beneficial Ownership.</footnote>
        <footnote id="F3">Includes shares acquired under 401(k) Plan since the reporting person's previous Statement of Changes in Beneficial Ownership.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Kimberly Holtz MacMillan as Attorney-in-Fact</signatureName>
        <signatureDate>2009-01-12</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----