1. They wear pink and white stripe uniforms.

2. They wear pink and white striped uniforms.

(Which one is correct? Are both OK?)

The second sentence is correct.

Both sentences are correct, but they have slightly different meanings.

1. "They wear pink and white stripe uniforms."

This sentence suggests that they wear uniforms that have a single stripe, alternating between pink and white.

2. "They wear pink and white striped uniforms."

This sentence suggests that they wear uniforms with multiple stripes, with each stripe alternating between pink and white.

To determine which version is correct, you should consider the specific context or style guide you are following. If there is no specific guideline, you can choose the version that accurately conveys the intended meaning.