Is Creed owned by Gucci?

I'm curious to know, is Creed, the renowned luxury fragrance brand, actually owned by Gucci? It seems like both brands cater to the high-end market and share a similar aesthetic, but I'm not entirely sure about their corporate ties. Could you please clarify if Creed is indeed part of the Gucci Group or if they are two separate entities? Your insight would be greatly appreciated.