Complex sentence: Later that year Elie Saab signed a contract with Beauté Prestige International for fragrance and cosmetics, and in the same year, Saab held a fashion show in Monaco with Princess Stéphanie of Monaco in attendance.
Split into simpler sentences: Later that year Elie Saab signed a contract with Beauté Prestige International for fragrance and cosmetics. During the same year, Saab held a fashion show in Monaco with Princess Stéphanie of Monaco in attendance.