Cheating husband Ashton Kutcher may have made Demi Moore a scorned woman, but not because she has lost her looks. The 48-year-old is ravishing in a new photo spread.

In the middle of a scandal over Kutcher’s fling with a woman more less than half Moore’s age, Moore is being featured in a new campaign by Ann Taylor.

If looking good is the best revenge, then Moore makes Kutcher look even more foolish for getting involved with party girl Sara Leal in a San Diego hotel.

In photos released Oct. 12, Moore exudes a timeless elegance in a magical snow-filled scene for Ann Taylor’s Christmas ad campaign.

Check out Demi’s photos; click to enlarge.

Famed fashion photographer Norman Jean Roy was behind the lense for the holiday photo shoot.

Moore lounges on a fur-lined recliner, wearing a luxe faux chinchilla stole, a chandelier necklace and tweed pants.

She almost certainly got some help from digital re-touching, but her beauty is all natural.

This is Moore’s second campaign for the brand. She also repped for the Fall 2011 line.

Demi, who recently directed a short film about breast cancer for Lifetime TV, is thinner and fitter now than she was in her 20s and 30s, when she exercised and dieted around the clock, she says.

But Demi insists she started to look her best when she stopped obsessing about her looks and body. “I had an extreme obsession with my body,” she says.

“I made it a measure of my own value. I tried to dominate it, which I did, and I changed it multiple times over. But it never lasted and ultimately it didn’t bring me anything but temporary happiness.”

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