Gisele Bündchen is retiring from the runway.

The 34-year-old beauty is reportedly planning to bid farewell to her catwalk career after starring in the Colcci show during São Paulo Fashion Week next month, reports Estadao.

It is thought the blonde beauty - who has walked for Colcci numerous times during her 20 years in the industry - has her heart set on starring in her final show in her native Brazil.

However, Gisele - who was named the world's highest paid model in the world for the eighth time running last year - won't be giving up her career altogether and will continue to appear in campaigns.

The supermodel - who has Vivian, two and Benjamin, five, with her husband, American footballer Tom Brady - has contracts with luxury French fashion house Chanel as well as H&M, Carolina Herrera and a deal with shoemaker Grendene, for whom she designed a range of jelly shoes.

She is reported to have earned $47 million to top Forbes magazine's annual list last year.