Complex sentence: The locality, type of event or culture constitutes the various interpretation of the dress code and therefore acceptability of wearing and the designation of certain clothing pieces as "smart casual" is debatable, for example, denim.
Split into simpler sentences: The locality, type of event or culture constitutes the various interpretation of the dress code. The acceptability of wearing and the designation of certain clothing pieces as "smart casual" is debatable, for example, denim.