EXHIBIT 15

December 8, 2004

The Gymboree Corporation:

We have made reviews, in accordance with standards established by the Public
Company Oversight Board (United States), of the unaudited interim financial
information of The Gymboree Corporation and subsidiaries for the three and nine
month periods ended October 30, 2004 and November 1, 2003 as indicated in our
report dated December 8, 2004 (which report includes an explanatory paragraph
regarding a change in accounting principle); because we did not perform an
audit, we expressed no opinion on that information.

We are aware that our report referred to above, which is included in your
Quarterly Report on Form 10-Q for the quarter ended October 30, 2004, is
incorporated by reference in Registration Statement Nos. 33-90452, 33-94594,
333-10811, 333-74269, 333-89962, 333-107564 and 333-116785 of The Gymboree
Corporation and subsidiaries each on Form S-8.

We also are aware that the aforementioned report, pursuant to Rule 436(c) under
the Securities Act of 1933, is not considered a part of the Registration
Statement prepared or certified by an accountant or a report prepared or
certified by an accountant within the meaning of Sections 7 and 11 of that Act.

Yours truly,
/s/ Deloitte & Touche LLP
San Francisco, California