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They announced before last years though, so pre pandemic, but no reason they couldn’t have changed their mind in the last year.
That little patch of fabric did make it feel more special. Without it it feels like just another Strava challenge (this is probably just be my own shallow view...). Kind of fitting that the first year without a patch is the first year they allow zwift rides to count, though.
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It seems a little odd given that they have presumably had their best year for some time.
I don't know what makes you think that but Rapha have been making huge losses and as far as I know still haven't made a single penny of profit.
No longer posting our roundels is part of much wider programme of cost cutting. This was the situation in October of last year, before a global pandemic came along which I'm sure has affected them in various ways too:
https://www.cyclingweekly.com/news/racing/rapha-roll-back-discounting-try-halt-losses-441389
Any idea how many are normally issued?
It seems a little odd given that they have presumably had their best year for some time.