A few years ago, The Folio Society republished Andrew Lang's The Red Fairy Book, first published in 1890. The new publication has the new illustrations by Niroot Puttapipat. Below is one of his illustrations. There is a post about his work for the book, with multiple illustrations, on his livejournal account. Scroll through it and enjoy.
This fantastic artist reminds me of another wonderful illustrator, Edmund Dulac. Many of you might know that he also illustrated Jane Austen for The Folio Society.