Teaser 2360: [Flower arranging]

From The Sunday Times, 16th December 2007 [link]

In the following statements and instruction, digits have been consistently replaced by letters, with different letters for different digits.

F + L + O + W + E + R raised to the power P is equal to the six-digit number FLOWER.

FACTOR is divisible by A, R and T.

What is the value of FLOWER ART?

This puzzle was originally published with no title.

[teaser2360]