Yes, the story is the same, but director Osgood Perkins has ramped up the moody atmosphere and fright factor. And he's cast the Borg Queen herself -- Alice Krige -- as the evil witch who wants to eat Gretel and Hansel.
I could go on, but pictures are worth a thousand words:
Gretel and Hansel also stars Sophia Lillis (It), Sammy Leakey and Jessica De Gouw. It hits theatres Jan. 31.
Source: Arrow in the Head