The contest for value in global value chains – correcting for distorted distribution in the global apparel industry [Book Review]

This article reviews the book written by Lilac and Yoshiteru on the global value chains in the global apparel industry. This review highlights various essential aspects of the book, such as value creation, appropriation, and value distribution in the global value chains. In addition, a few other areas also have been discussed which were not covered in the book, such as the immediate dynamics and long-term changes in the global value chains in the apparel industry due to exogenous shocks, such as COVID-19. Finally, a few limitations are mentioned, and new avenues are discussed for future editions.