The Mercedes-Benz Fashion Festival in Brisbane has come to an end.

Organiser Lindsey Bennett, who has helmed the festival since its inception a decade ago, released a statement saying a lack of sponsorship opportunities and the withdrawal of funding from the state government caused festival organisers to reconsider its future.

The Mercedes-Benz Fashion Festival Brisbane organisers posted: "Thank you and goodbye' on its Instagram account today. Credit:Instagram

The state has intermittently provided funding throughout the years, including last year.

"It is extremely disappointing that we have had to make the decision to cancel the Festival – meaning that Queensland will be the only state not to have its own Fashion Festival this year – but unfortunately we are left with no other choice," Mr Bennett said.