Sydney-based Endeavour Group is expected to report a sharp drop in profits following CEO Jayne Hrdlicka’s announcement last week that she intends to restructure the business. Winery casualtiesAmong the winery assets to be sold off are Chapel Hill in the McLaren Vale, and Oakridge in the Yarra Valley, along with Josef Chromy in Tasmania. Not aloneEndeavour is by no means the only major Australian wine company looking to sell its assets. Meanwhile, Vinarchy (the company formed when wine assets from Accolade and Pernod Ricard merged together) has revealed it will sell off 60 wine brands over the next two years. Related news'People are drinking differently today,' says Australian Vintage CMOAustralians brace for alcohol tax hike blowEndeavour Group to offload Australian wine assets