I am not one to write reviews, but I found this product so well designed, I thought I had to write one. Flat packed, it comes in what looks like a hundred separate pieces, but it is easily assembled even though the instructions are terrible.
The item itself has plenty of shelves to hang clothes, with an option to drop the shelves when not in use. It even has provision to dry clothes on hangers, which I found very useful.
It is very portable, despite being very tall, and if you don't mind the little time you will spend in assembling it (which is fun, actually), you will have yourself one of the best clothes dryers you can find.