[LETTERHEAD OF ARTHUR ANDERSEN LLP]

                         CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
                         -----------------------------------------


As independent public accountants, we hereby consent to the incorporation of our
report dated November 3, 1997, included in or made part of this Form 10-K, into
Concord Fabric Inc.'s previously filed Registration Statement on Form S-8 File
No. 33-75488.

                                        /s/ ARTHUR ANDERSEN LLP
                                            ARTHUR ANDERSEN LLP


Roseland, New Jersey
December 23, 1997