Fig 1. Chrome model (Handle folded)
Fig 2. Handle folded

Fig 3 . Handle opened
This is the second concept of the product. The handle is foldable and locks with a detent in the 2 positions. Also handle is so designed that its contour matches perfectly with that of the nozzle of the hair dryer, to give a seamless feel in folded position. Also, the slanting front-end gives a futuristic appeal and also better directed flow. We are awaiting your comments eagerly.
(CAD model done in SolidWorks ).