Glamorous 1980s soap Dynasty, which explored the trials and tribulations of a glorious wealthy American family, is reportedly set for a television reboot.

The hit drama starred Dame Joan Collins and John Forsythe and ran for nine series between 1981 and 1989.

Dynasty followed the Carringtons – a one-percent family from Denver, Colorado, and their feuds with the similarly outrageously rich Colby clan.

After ending more than 27 years ago, it is now set for a reboot on US network The CW – according to The Hollywood Reporter.

Joan Collins played super-bitch and champion shoulder pad-wearer Alexis Carrington in the hit US soap.
(Yui Mok/PA)

The network, which is partly owned by CBS and Warner Brothers, is rebooting the show alongside creators of The OC, Josh Schwartz and Stephanie Savage, the website reports.

For a time, the soap was the number one watched show in the US and was launched by ABC as a rival to prime time CBS drama Dallas.

The reboot would reportedly unite the Carringtons with the Colbys, who featured in their own spin-off show.

The original Dynasty was picked up by BBC One during the 1980s before it was scrapped by then channel controller Lord Michael Grade.