In 1921-1922 the Russian Ballet Lermontov company performs in London, Paris and Monte Carlo. Victoria Page is a ballet dancer with the company, which is led by Boris Lermontov. Julian Craster is an idealistic but egocentric young composer, who is in love with Victoria. Lermontov is a middle-aged impressario who wants to control Victoria, both on-stage and off. She is torn between the two men and her desire to dance, and ultimately commits suicide.