Could there BE a better fit for <a href="http://covergirl.ca/en_ca/" target="_blank">CoverGirl</a> than Taylor Swift? I don't think so—she's perfect!

It's just been announced that the 20-year-old will be repping a new line of luxury products from CoverGirl set to debut in January 2011.

That's right—I said LUXURY. Verrrrry interesting. Here's a sneak peek from the set where they shot the print ads:

<a href="http://beautyeditor.ca/wp-content/uploads/taylor-swift-covergirl-ad.gif"><img class="aligncenter size-full wp-image-8172" title="taylor-swift-covergirl-ad" src="http://beautyeditor.ca/wp-content/uploads/taylor-swift-covergirl-ad.gif" alt="" width="576" height="384" /></a>

And in other news, Penélope Cruz is the new "ambassadress" for <a href="http://www.lancome.ca/_en/_ca/catalog/subcategory.aspx?CategoryCode=AXEFragrance^F1_Tresor&amp;" target="_blank">Lancôme Trésor</a>, the classic fragrance that was first launched in 1990 and has been repped by Kate Winslet, Inés Sastre and Isabella Rossellini in the past.

Mario Testino is the photographer for the ad campaign, which we'll see later this year. Here's a sneak peek of that one:

<a href="http://beautyeditor.ca/wp-content/uploads/penelope-cruz-tresor-ad.jpg"><img class="aligncenter size-full wp-image-8173" title="penelope-cruz-tresor-ad" src="http://beautyeditor.ca/wp-content/uploads/penelope-cruz-tresor-ad.jpg" alt="" width="590" height="393" /></a>

And pssst! I ALSO hear that Lancôme has some big mascara news coming up—and you should know that they make EXCELLENT mascaras. I'll keep you posted!