Here is my interpretation of Little Red and the Wolf.
I've decided to base my sketch around the adjective, Heroic.
A superhero version of Little Red is what I attempted, with somewhat of a Steampunk spin. This drew largely from the designer Greg Broadmore and his steampunk world of 'Dr. Grordbort's'. The raygun in her hand is a direct homage to Broadmore's designs.
I interpreted the wolf as a suave villain who attempts to woo Little Red. Thus is he portrayed a a man, with wolfish mannerisms. The 'animalistic' side of him is portrayed through his tailcoat, his neck-tie and his hair.