Chip Wilson said in a LinkedIn post that the athleisure retailer’s decision to stop selling a new product line online after customer complaints was “a total operational failure” that he blamed on the board of directors. (The Logic)

Talking point: Wilson, an outspoken critic of the company he founded and in which he remains a major shareholder, has been calling for a leadership overhaul. CEO Calvin McDonald announced on Dec. 11 that he will step down at the end of January, and the company is searching for a successor. Wilson launched a proxy battle late last month, recommending three new board members for shareholders to vote in at the company’s next annual general meeting. A revamped board, he claims, can then select a new CEO to turn the floundering company around. He’s not alone in thinking new leadership is warranted. Activist investor Elliott Investment Management has built up a significant stake in Lululemon and put forward a candidate for the top job.