Suggestion?
I personally like the first one the best. It shows the character's curves and gives the illusion of a larger bust, which is always a plus with games. I don't think it would make sense to call her red riding hood if there won't be a hood in the game though. I had an idea. Why not open the chest piece up just slightly in a slit down to show a bit of cleavage. This would give the effect of loosening the fabric up enough to make it seem to slip back into a hood over her head. Does that make any sense? I'm not sure if I'm typing it out correctly.