Written and first recorded (as a demo) by Stevie Nicks with Don Henley (ca. 1980).
Hit version by Stevie Nicks & Don Henley (US #6/MOR #10/CAN #12 1981).
From Songfacts, Stevie Nicks recalls:
‘I wrote this song because Waylon Jennings called me up and asked me to write a song called ‘Leather and Lace.’ It was to be a duet for him and his then-wife (Jessi Colter), and I worked very hard trying to explain what it was like to be in love with someone in the same business, and how to approach dealing with each other. It’s probably the hardest thing in the world to do because it falls out of your hands and into the hands of the world, which tends to want you to not be able to handle it.