StyleList got an exclusive first look at showstopper elements in W magazine's January issue. Devoted to "Who's Hot," the glossy includes two Stone-cold foxes: Actress Emma Stone nabbed the cover, while the newest Model of the Year, Lara Stone, is featured in the spread on Tom Ford's new line of women's clothing.

Emma Stone and her fellow cover model, actor Garrett Hedlund, represent the magazine's "Generation Now," celebrating rising talents in film, fashion and music.

Both pose in brash, dare-you-not-to-look outfits. Stone rocks a Gucci fringed bustier layered over an Alexander Wang T-shirt, with Balmain's yellow-streaked jeans. Hedlund braves leopard-print pants by Givenchy by Riccardo Tisci.

W editor at large Lynn Hirschberg interviewed these up-and-comers. Emma Stone plays the love interest in the next Spider-Man film, opposite new Spidey Andrew Garfield. Hedlund is hitting theaters in "Tron: Legacy" and will soon croon with Gwyneth Paltrow in "Country Strong."

Their profiles promise to be juicily candid, with Stone commenting, "Simulation of sex is a real workout. We must have done a hundred takes. There was an oxygen tank at one point." Hmm, and what scene would that be?

W editor in chief Stefano Tonchi seems to be turning back to the cover philosophy he championed with his September issue redesign. At first, he'd sought lesser-knowns who were winning acclaim for their work. After more familiar faces like Kim Kardashian and Katherine Heigl on recent covers, he turns his eyes ahead again, betting on these picks to be the next big thing.

Tom Ford's return to womenswear is another highlight of the issue. In a dramatic fashion spread shot by Inez Van Lamsweerde and Vinoodh Matadin, Lara Stone wears the hotly anticipated new line.

Ford's relaunch was inspired by 32 high-octane women ranging from actress Julianne Moore to powerhouse singer Beyoncé Knowles. W tapped gap-toothed sensation Lara Stone to model four looks from this first collection. Posing against painted backdrops, she appears to be stepping out of the artworks.

A sapphire fringed dress was designed for singer-model Karen Elson, for instance. Ford says, "Karen is such an exotic beauty, I always love dressing her in color that plays off her skin tone and hair color."

A plunging black catsuit with huge, flaring kimono sleeves, meanwhile, was sparked by model Lou Doillon. While Doillon's known for her reedy, boyish body, Stone proves that the look can also work on women with curves.

Can we expect to see the catsuit on Jennifer Lopez soon?

Look for the issue on newsstands starting Dec. 21.

For another look at a hot January cover girl, read on for Reese Witherspoon!