Dive Brief:

• Lululemon Athletica Inc.’s founder and largest shareholder, Chip Wilson, said the board’s new chairman, Michael Casey, and director RoAnn Costin are overly concerned with short-term growth and not concerned enough with long-term goals and the brand.

• Wilson, who was ousted as chairman in December, had good words for the company's new management team, but said he voted against Casey and Costin. With no other candidates to replace them, though, the board’s makeup will remain the same.

• The Vancouver-based yoga and fitness apparel retailer has been struggling after serious product issues last year and in the face of increased competition in the activewear sector. 

Dive Insight:

Chip Wilson has been a lightning rod, inviting all kinds of negative attention to the upscale activewear company he founded. Even without the mantle of the chairmanship, Wilson is clearly intent on using his shareholder influence to continue to make his mark on the company. Although his "no" votes won’t get him anywhere this time, the company is on notice.