Great idea when you're moving! The fastest way to pack a closet. This also keeps your clothes on their hangers, for much faster unpacking. Hang in closet when you arrive and tear off the bag and you are done! This would also work for off season storage.
Place knives in padded potholders so no one gets cut, poked or scraped in the process of moving. (If they are really nice knives, you can wrap them individually as well so they don't damage each other.