The most-read news during the week ending Friday, May 17th.

Top ten stories of the week on

1. Luxury brands will do "extremely well" in next five years

2. Sony Pictures takes wraps off Smurfs 2 plans

3. Warren Traeger takes new role at Icon Live

4. Nickelodeon reveals SpongeBob short film competition

5. Plus Licens picks up Skylanders

6. Mini Boden lines bolster Walker Books’ illustrators

7. Random House seeks licensing sales exec

8. VEGAS 2013: Flo Rida to co-host opening night party

9. JOB OF THE WEEK: Zodiak Rights

10. PSG signs Early Bird Licensing for Nordic market

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