The film begins with a brief history of Mayfair then shows a man walking into a florist in Shepherd Market. Debonair Michael Gore-Brown inherits a London fashion house: Maison Londres. Knowing nothing about business or fashion, he becomes romantically involved with its beautiful manageress, Eileen Grahame, who he says reminds him of Anna Neagle. He blithely helps himself to the petty cash to buy her lunch and brings in his ex-military cousin Sir Henry as a 'business advisor'. They are interupted by the foppish D'Arcy Davenport, Eileen's fiance. A nearby rival fashion house learns of Eileen's new secret collection and leaks the story to the papers. It emerges that the cousin accidentally passed the story whilst drunk. Eileen angrily quits the business to work for the rival, who now plans to buy the business at a knock-down price. When she learns that Michael is about to do this, she returns to sort out the mess, and marries him.
The film marked the fourth teaming of Anna Neagle and Michael Wilding. After the film started shooting Tom Walls called Wilcox asking for a role. Wilcox put in a part of a policeman for the actor. Filming took place in January through to March 1949. Four lines of clothing were designed specifically for the film.
The film was hugely popular in Britain. The Motion Picture Herald said it was the third most watched film of the year after The Third Man and Johnny Belinda and more than Scott of the Antarctic, Paleface, Easter Parade, Blue Lagoon, Red River, The Secret Life of Walter Mitty and The Hasty Heart. Neagle and Wilding were voted the most popular stars of the year in Britain. According to Kinematograph Weekly the 'biggest winner' at the box office in 1949 Britain was The Third Man with "runners up" being Johnny Belinda, The Secret Life of Walter Mitty, Paleface, Scott of the Antarctic, The Blue Lagoon, Maytime in Mayfair, Easter Parade, Red River and You Can't Sleep Here. However even by December 1949 the film had not recouped its cost.
Critical reception
The New York Times called the film "nauseously Technicolored flimflam"; while TV Guide noted "The plot is about as simple as they come, but it's told so nicely that you can't help but be charmed. Wilding and Neagle are a sort of British Astaire and Rogers, playing well off each other in this lighthearted romp. The beautiful fashion designs, as well as glorious set decor, are well captured in the Technicolor photography."