As pointed out in the informative answer by George Bahij MySQL lacks this functionality so the options would be to either extend the functionality using udfs etc, or use the available string functions, in which case you could do:
SELECT
SUBSTR(
SUBSTRING_INDEX(
SUBSTRING_INDEX(item,'<title>',2)
,'</title>',1)
FROM 8
)
from table
Or if the string you need to extract from always is on the format <title>item</title> then you could simple use replace: replace(replace(item, '<title>', ''), '</title>','')