Need a good place to hang your drip-dry laundry? This space-saving, fold-away laundry valet can hold up to 12 or more hangers on its six-hole design. When not in use, simply fold away this wall-mounted rack. Whether you prefer it installed in your laundry room or closet, it provides a great place to stash those just-home-from-the-cleaners dress shirts and other garments before redistributing them to their permanent places in the closet. And if wrinkles are an issue in your house, put one near your dryer to hang up those items that seem to attract wrinkles if not hung up immediately after drying. And if you need an extra clothes-hanging option, it gives you the perfect place to hang up damp coats, jackets and rain gear or a handy instant "closet" for overnight guests' clothing.