 V.F. Corporation NYSE:VFC told investors it is revising its fiscal 2023 outlook lower due to weaker than anticipated consumer demand across its categories, primarily in North America, which has resulted in a more elevated-than-expected promotional environment as well as order cancellations in its wholesale channel to manage trade inventories. The owner of active-lifestyle brands that include Vans, The North Face, Timberland, and Dickies also announced that its chairman, president and CEO Steve Rendle is retiring with immediate effect. 