A retractable leash and collar or harness assembly. The assembly includes a flexible handle with a first hub assembly in the forward end thereof. The first hub assembly contains a spring member and leash element coiled and enclosed within the first hub assembly. A second hub assembly located in the collar or harness assembly wherein the second hub assembly contains a spring member and leash element coiled and enclosed within the second hub assembly. The leash is connected to a collar or harness and the handle and collar or harness include a connector thereon to allow the components to be nested with each other and folded to provide a compact retractable leash and collar/harness assembly which is easily transportable by the user.
