Fashionista.com reports that after some initial speculation about who had made the final cut, sources confirm that Swift will appear on the February issue and that Adele has been tapped for March, which also happens to be the spring fashion issue.
A rep for the magazine wouldn't confirm or deny the reports, simply telling MTV News in an email, "We don't comment on future cover speculation."
New York magazine's the Cut blog reports that speculation about Adele's cover began to spread when the magazine was reportedly asking designers to provide clothes in her size.
"Designers have been asked by the title to make special cover outfits for the full-figured chart-topper for the all-important March issue," according to the report, which first surfaced on Women's Wear Daily. Adele previously appeared on the cover of the October issue of Vogue U.K.
Meanwhile, Swift has appeared on the cover of the tween version of the magazine, Teen Vogue, and was spotted with editor-in-chief Anna Wintour at the Rodarte Spring 2012 show at Fashion Week, where she also sat alongside November's cover girl, "Girl With the Dragon Tattoo" star Rooney Mara.
In other magazine news, V Magazine has confirmed that Justin Bieber will appear on its cover, which hits newsstands on January 12. The cover was shot by photographers Inez and Vinoodh, who worked with Lady Gaga on her "Yoü and I" short films. The Bieber cover was styled by the Mother Monster's right-hand man, Nicola Formichetti.