Abanico wall drying rack
This space-efficient drying rack provides over 11 linear feet of drying space. A simple pull on a cord deploys eight hinged beechwood arms that slide up and out in a fan-like array, suitable for hanging lightweight items when drying is finished, another pull retracts the arms inside the ABS housing so they’re out of the way when not needed.
http://www.leevalley.com/en/garden/page.aspx?p=75236&cat=52&ap=1
Dont we have dryers now.?
Lingerie, nice socks, – not dryer items; items steamed but still damp – need somewhere to hang dry. Looks nicely compact and unobtrusive. But the $79.50 is a bit steep.