1

                                                                    EXHIBIT 23.1











                    CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS


To the Board of Directors and Stockholders of DM Management Company:

     We consent to the incorporation by reference in this registration statement
on Form S-8 of our reports dated July 31, 1995 on our audits of the consolidated
financial statements and financial statement schedules of DM Management Company,
as of June 24, 1995 and June 25, 1994, and for each of the three fiscal years in
the period ended June 24, 1995, which reports are included in the annual report
on Form 10-K of DM Management Company for the fiscal year ended June 24, 1995.



                                            /s/ Coopers & Lybrand, L.L.P.
                                            ----------------------------- 
                                            COOPERS & LYBRAND L.L.P.


Boston, Massachusetts
May 16, 1996