The series is set in Los Angeles, California. It tells the story of the Forrester family, who owns a fashion empire called Forrester Creations. The major members of the family are Eric Forrester (played by John McCook), the president of Forrester Creations, his wife Stephanie (Susan Flannery), their eldest son Ridge (Ronn Moss) and Brooke Logan (Katherine Kelly Lang), who was married to both the father and the son. She owns most of Forrester Creations. This is because she created "BeLieF", a formula which earned much money for the company. There used to be a second fashion company called Spectra Fashions. It was Forrester’s main competitor. The conflicts between the Forrester and the Spectra families was one of the major themes of the story.