A statue in a town's square narrates to a journalist the story of 9th standard-failed, unemployed, trouble-maker and stutterer Premshankar Sharma. Premshankar, cons Mr. Pinto into buying a dilapidated flat to pay for expenses of the Happy Club over which he presides, much to the disapproval of his restaurateur father, Shivshankar, who wants him to wed Shakuntala Mishra. Premshankar's life will undergo many changes after he falls in love with Pinto's adopted daughter, Jenny. He believes that she also loves him, and even helps her to elope after her parents force her to wed wealthy Tony. Premshankar ends up in despair when he finds out that Jenny's true love is Canada-based Rahul, the son of wealthy politician, Pitambar Jalan.

Set against the glittering backdrop of the glamorous but ruthless world of haute couture fashion, this is the story of a small town girl with big dreams. Meghna always knew she was meant to be famous, but she was about to find out the hard way that success came at a price. Fashion is the tale of what happens when the price of success becomes too much to pay