John Coudair (Otto Kruger) was wounded long ago when his fiancée called off their engagement, and when he spots the woman's granddaughter, comely stage performer Rusty Parker (Rita Hayworth), he's reminded of what he lost. A publishing mogul, he decides to put the naive young beauty on the cover of his magazine. Although he might lose her, Rusty's boyfriend, Danny McGuire (Gene Kelly), refuses to interfere with her path to success. Ultimately, she must decide between riches and romance.