In 1931 Paris, Nicole Picot (Kay Francis), a model for a fashionable dress shop, is hired by nearly-penniless Stefan Orloff (Claude Rains) to help persuade a financier to fund his ambitious plans. By 1934, Stefan has established an investment bank; in gratitude, he provides the capital that Nicole needs to set up her own business and become a successful dress designer (though she insists on paying him back).
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