Brilliant idea to have it collapse against the wall when not in use. I wanted a place to dry lingerie in our primary closet and it was hard to find something that didn’t take up too much space. 
Easy to assemble but note that there are only 2 holes for attaching to the wall and the anchors provided are definitely not going to do the job for an item that gets pulled on. I used some serious drywall anchors to make sure it doesn’t loosen. Ideally it would have had 4 places to secure it to the wall given how it functions. Highly recommend.