Good wishes for the ballet’s remodel (3,3,4)

I believe the answer is:

all the best

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'good wishes for the ballet's remodel' is the definition.
I can't tell whether this defines the answer.

'the ballet's remodel' is the wordplay.
'remodel' is an anagram indicator (I've seen this in other clues).
'the'+'ballets'='theballets'
'theballets' anagrammed gives 'ALL THE BEST'.

Can you help me to learn more?

(Other definitions for all the best that I've seen before include "flower, every bit of it?" , "Without exception, unsurpassed" , "Pick of the bunch" , "needing good luck!" , "Good health!" .)

I've seen this clue in the Sydney Morning Herald.

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