Complex sentence: The Victoria's Secret Fashion Show is an annual "elaborate marketing tool for Limited Brands", which is a mix of "beautiful models scantily clad in lingerie" and A-list entertainers "and every year, it becomes less about fashion and more about show".
Split into simpler sentences: The Victoria's Secret Fashion Show is an annual "elaborate marketing tool for Limited Brands". The show is a mix of "beautiful models scantily clad in lingerie" and A-list entertainers "And every year, it becomes less about fashion and more about show".